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Summit Environmental Corporation SEVT · USD

Materials · US listing · 🇺🇸 United States

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About Summit Environmental Corporation

Its shares trade under the ticker SEVT. It has been listed since 19 April 1999. In the fiscal year to 31 December 2006, it reported revenue of $353,511 and a net loss of $4.7m. At that date it held total assets of $2.0m and shareholders' equity of $723,350.

Summit Environmental Corp, Inc. distributes and markets fire suppressants, dietary supplements, and industrial chemicals and cleaners. The company is headquartered in Oak Creek, Wisconsin. The firm either owns the patent and other intellectual property rights to its products, or it has licenses from the owners of the intellectual property rights to its products. The Company’s principal product is a non-toxic, biodegradable firefighting foam called FlameOut. The firm owns the patent and intellectual property rights to Surfactant Blend A - FlameOut.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Chemicals
Listed since
19 Apr 1999

Leadership

Pay as last reported

  • John BrooksPresident, Director, since 1999
  • Mohsen AmiranExecutive Vice President, Director, since 1999
  • Dean HawsDirector
  • James RoachDirector
  • Dr. Wilton StriplingDirector

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Summit Environmental Corporation Inc owns the patent for FlameOut firefighting foam.
  • The company holds intellectual property rights for Surfactant Blend A - FlameOut.
  • Summit distributes non-toxic, biodegradable firefighting foam FlameOut.

Weaknesses

  • Summit Environmental has zero full-time employees currently.
  • The company operates without a physical headquarters in Oak Creek, Wisconsin.
  • Summit's business model relies solely on product distribution and marketing.

Opportunities

  • Summit can expand its market for FlameOut firefighting foam in the US Chemicals sector.
  • The firm may leverage its patent for FlameOut to enter new product segments.
  • Summit could target the US Materials sector for additional distribution channels.

Threats

  • Summit faces competition from other US Chemicals companies in the firefighting foam market.
  • The company's lack of employees may hinder its ability to scale operations.
  • Summit's reliance on a single product line poses a risk to business continuity.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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